And this thesis is somewhat connected with general social and political observations, because it establishes the fact that the number of consumers is considerably larger than the number of producers, a fact which exercises a not inconsiderable social and political pressure.
Hjalmar SchachtThe repeated announcements that the Russian resistance was definitely broken have been proved to be untrue.
Hjalmar SchachtSince our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad
Hjalmar SchachtThe memory of war weighs undiminished upon the people's minds. That is because deeper than material wounds, moral wounds are smarting, inflicted by the so-called peace treaties.
Hjalmar Schacht